China Signs Taxation Agreements with Botswana and Netherlands
Apr. 25 – At the invitation of the Administration of Taxation and Customs of the Netherlands, the Organization for Economic Cooperation and Development (OECD), and the Ministry of Finance and Development Planning of Botswana, a delegation from China’s State Administration of Taxation (SAT) visited the Netherlands, France and Botswana earlier this month to exchange opinions on issues related to taxation.
During the delegation’s visit to Botswana, SAT Chief Xiao Jie signed a “Double Taxation Avoidance Agreement” with Kenneth Matambo, Botswana’s minister of Finance and Development Planning, to remove or minimize the double taxation of income for residents of one country earned in the other country.
Chinese Minister Xiao Jie said the two countries have a long history of friendship and, as such, the agreement “will further enhance the environment of trade and investment.”
During his visit to the Netherlands, Xiao Jie signed the “Technical Cooperation Arrangement 2013-2015 between the SAT and the Netherlands Tax and Customs Administration (NTCA)” with Dutch State Secretary for Finance Francs Weekers. Both parties reviewed the previous technical cooperation between the SAT and the NTCA, as well as exchanged ideas on how to further deepen bilateral cooperation on taxation, according to a communiqué released by the Chinese Embassy in the Netherlands.
Xiao Jie also discussed ways to further deepen bilateral cooperation on taxation with the Secretary-General of the OECD Angel Gurría, as well as directors from the French and Dutch ministries of finance and taxation.
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